You cannot hardcode any trade in your mind. This is a technical speculation. In Elliott wave we always have an alternate count . Besides there are a lot of higher powers in play which is beyond me and you. As they say do not stay married to any ...

Elliot Wave Analysis

WOW !!! that was some movement . A lot of volatility was expected but i clearly expected the opposite which is what the hedge funds want. Anyway with this move, the alternate count is activated on dxy and other majors. Here is a daily chart on dxy ...

Elliot Wave Analysis

I just hope 1.1860 is crossed before FOMC .. i would have made a lot of money !!

Elliot Wave Analysis

all i can promise you is a deep fall !!!

Elliot Wave Analysis

Today is an important day with FOMC meeting minutes, Rate decision and also the FOMC press conference. There will be a lot of volatility at the markets, so trade with care. Hopefully Our TP will be hit before this, so that we can stay out until the ...

Elliot Wave Analysis

Hoping to get eur/usd to 1.1860 as 161.8% for minor wave 3 . The average daily range also coincides with the same target , so i am reasonably sure of attaining at least that target if not lower. As usual always put your stop loss and cover it with ...

Elliot Wave Analysis

hello folks .. sorry i couldn't update earlier as i was a bit busy outside today and was not at the terminal. just monitoring through phone . The analysis seems spot on until now .. we seem to have competed orange wave 2 and 3rd wave is ongoing to a ...

Elliot Wave Analysis

Hi .. If you are referring to my chart, can you be a bit more elaborate... i think i used expansion on an impulse wave. so where is the misunderstanding ?

Elliot Wave Analysis

I am not buying. That was a long time back sell. i had sells at different positions. if you check my TE you would understand . if you are confused at my TP level, it's on the ADR level. you are right C wave on daily is ongoing ... check chart. ...

Elliot Wave Analysis

Yes ... pretty much looks like it .. unless the robbers go for a stop hunt . Here is my chart for the moment. Let's see how it performs today

Elliot Wave Analysis

eur/usd update .. 2nd wave up is going on ... it could be simple zigzag or a complex one or even a triangle ... I've marked the probable turning points on the chart . I will be selling from 50% onwards (small lots) and lots going up as price going ...

Elliot Wave Analysis

I think minor wave 1 is over and we are going up on wave 2. expected price is at 50% of the down move which is marked at 1.1949 . maybe it will go to 61.8 as well at 1.1958. WE did have an extended move down on the 5th wave to complete 1. we should ...

Elliot Wave Analysis

Don't even think of buying here !!!! the price can just slip down very fast and you will be caught with your pants down. Instead, start building shorts at different fib levels. My 2 cents ! Average daily range down is still about 17 pips more down.

Elliot Wave Analysis

ok 61.8 % has hit for the first TP.... now wait for 2nd wave to get over and we can sell for the 3rd wave around 1.1968

Elliot Wave Analysis

on a 15 mins chart of eur/usd, i was able to carve out a 5 wave decline for wave 1. 5th minor is ongoing to 61.8% we should get a bounce up for wave 2 today and hopefully a downtrend starting with a nice wave 3. Good luck !!!!!

Elliot Wave Analysis

smart money makes the retail traders believe that the correction is over when index came to 50% by taking the price up from 50% ... then lowered it abruptly to 61.8 retracement. They must have made a lot of money in this swings. anyway lets stay ...

Elliot Wave Analysis

it has not invalidated yet there is a pip difference between the 1st wave of C and the 4th wave of C. This was massive manipulation as i had mentioned by the smart money . Stop hunting !!! but i feel we are still in the right direction. just trade ...

Elliot Wave Analysis

dollar index 4 hr. DXY seems to have completed the 4th wave correction with a 50% retrace and seems like a rejection from 50%. This could be the 5th wave before a good correction again. this wave should also have 5 waves . i will try to update ...

Elliot Wave Analysis

So eur/usd hit the 50% and now turning down... looking good so far ... ecb press conference is going on ... there might be volatilities but direction seems down pretty clear . should go down o 1.1834 at least .

Elliot Wave Analysis